Best Stock Indicators for MT4
On MT4 software charts menu in the MT4 Platform, the first option is the Chart Menu. The indicators list is illustrated & shown below: however it is grayed out meaning that as a trader for now you can't use this button, so the question is how to activate? - The button is illustrated & shown below:
How to Add Technical Indicators to MT4 Technical Chart Indicators Guide
This Technical Chart Technical Indicators list will be activated once some trading indicators are placed on the chart, from the trading example expounded & shown below the Technical Chart Indicators list button key has been activated as is displayed below once the moving average and RSI Indicators have been added on the charts like shown below:
This option on MT4 is used to list all the MT4 indicators which have been placed on the trading chart. For example once you click the above button a pop-up window then will appear listing all the indicators placed on the trading chart - Indicators Collection on MT4 Chart.
As a trader you as a stock indices trader can choose any of the indicators listed here on these Indicators Collection and either edit the MetaTrader 4 indicator or delete the MetaTrader 4 indicator. To edit or delete choose a single indicator and click the "Edit" or "Delete" button.
To Edit a MT4 Indicator, once you press edit button, then the following panel will appear:
From the above Edit Buttons
- Parameters Button - Edit parameters of an MT4 trading indicator such as color, line width, calculation method, & the No. of price periods used in calculating the MT4 indicator properties.
- Levels Button Key - Add a level, for example add overbought level at 80% and over-sold level at 20% on RSI, by choosing the "levels" button, then selecting the point 80 and click add, and repeat for point 20. (First Select The RSI indicator to edit its settings)
- Visualization Button Key - Specify on which chart time frame MT4 indicator will popup on.
The second button is for "Delete", if you as a trader want to delete one indicator or many of them at once, just choose one you want to delete & then press this button.
Stock MetaTrader 4 Indicators - Trading Indicators Guide - How to Add Technical Indicators to MT4
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